money markets

The US dollar exchange rate dropped against the Egyptian pound by EGP 0.04 in the first week of 2021 as foreign reserves rose to more than $40 billion.
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The Egyptian Exchange (EGX) is expected to launch a new index named “Tamayoz” which will include small- and medium-sized companies in February 2021.
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Gold prices in Egypt increased by about EGP 15 per gram on Monday as the global price rose $1,930 per ounce.
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CI Capital Holding for Financial Investments announced that its leasing arm, Corplease, completed its 10th securitisation bond issuance at a value of 2.7 billion Egyptian pounds.
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Egypt’s first  “Go Green Exhibition”, highlighting the conversion of vehicles to clean energy and replacement technologies, will start on Monday at the Egypt International Exhibition Center (EIEC).
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Egypt’s Financial Regulatory Authority (FRA) introduced an initiative that aims to merge informal economic activities into the formal economy through using digital payment instruments
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The Egyptian pound recorded a rise of 30.8 piasters against the US dollar during 2020, despite the severe economic effects of the novel coronavirus (COVID-19) crisis.
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The EGX could move to slash the cost of the electronic system needed to short sell on the bourse if brokerages request a lower price tag, EGX Chairman Mohamed Farid said.
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Ghabbour Auto (GB Auto) said that its subsidiary GB Lease concluded its  second  securitised bond offering at a value of 2.041 billion Egyptian pounds.
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The Egyptian Exchange (EGX) generated 630.71 billion Egyptian pounds in turnover in 2020, up by 62.6 percent from 387.86 billion pounds in 2019, despite the challenges posed by the coronavirus…
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